Presidential amnesty on externalisation expires today

HARARE – The three-month moratorium  extended to individuals and corporates to return money that they  illegally siphoned out of the country ends this Wednesday with the  public eagerly awaiting confirmation…

TelOne to charge 3pc interest on overdue bills

HARARE – State owned fixed telecommunications services provider TelOne has said it has  started charging an interest of 3 percent on all overdue accounts as it  seeks to recover a…

RBZ to ensure accessibility of $300m facilities

BH24 Reporter HARARE – The Reserve Bank of Zimbabwe (RBZ) – which has set aside $300 million worth of facilities to ramp up exports – says it is keen to…

Why the e-cigarette industry needs global regulations

By Tanusree Jain The e-cigarette industry has been increasingly viewed as one of the most disruptive changes in the tobacco market, with vapes now commonly perceived as an alternative to…

Equities market bounces back

HARARE – The Zimbabwe Stock Exchange’s All Share index rebounded 0.19 points to settle at 88.03 as giant insurer Old Mutual gained a further $0, 0560 to close at $5,…

Prospect Resources begins commissioning of battery grade lithium carbonate pilot plant

BH24 Reporter HARARE – Australian Stock Exchange-listed mining firm Prospect Resources says commissioning has commenced at its battery grade lithium carbonate pilot plant in Kwekwe.

Costly dollar hedges tarnish U.S. bonds for overseas investors

LONDON – Yields on U.S. government debt are at their highest in over four years, and yet they are failing to attract many European investors due to the uncertain outlook…

Virginia tobacco 2018 exports top $87m

BH24 Reporter HARARE – Zimbabwe has exported flue-cured tobacco to the value of $87 million during the first couple of months of this year, down from $157 million in the…

Sinomine’s shrewd moves impress Prospect

Tawanda Musarurwa HARARE – Chinese mining group Sinomine’s recent clever acquisitions in its bid to become the world’s leading battery minerals company appears to have hit home with Prospect Resources,…

New CMED board pressed to recover lost $2, 7m

HARARE – The Zimbabwe Government on Tuesday gave the Central Mechanical and Engineering Department (CMED) board 45 days to report on progress made on recovering $2.7 million lost in a…

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